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Wednesday, November 21, 2012

Not all economic doom and gloom -Under siege Vietnam still has rosy long-term economic prospects, according to a new report.

Not all economic doom and gloom -Under siege Vietnam still has rosy long-term economic prospects, according to a new report.

Ernst&Young's "Rapid-Growth Markets Forecast" report, released late last month, said Vietnam stood out as a high-potential economy and its on-going difficulties would be a "temporary phenomenon." "Vietnam has a young and well-educated population of almost 88 million, modest labour costs, growth of 6 per cent targeted next year...
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